Oil gains a second day on demand outlook as api says u.s. stockpiles drop.

Copper trade up; dollar weigh.

Domestic oil and oilseed trade steady.

NCDEX GUARSEED (FEB)

NCDEX Guarseed Feb contract is looking bullish for its intraday trading session. Now it has a resistance of Rs. 12430 and a support level of Rs. 11680. We suggest that an intraday trader should buy Guarseed at its decline to get high profit.

NCDEX CHANA (FEB)

NCDEX chana is again trading in consolidate pattern. Now it has resistance level of 3455 and a support level of 3280. According to our research report chana will trade between these levels. An intraday trader should Sell NCDEX chana at higher price.

NCDEX PEPPER (FEB)

NCDEX Pepper Feb contract is looking Consolidate for its intraday trading session. Now it has a resistance of Rs. 30400 and a support level of Rs. 28600. We suggest that an intraday trader should Sell Pepper on its higher levels.